TGFS

TGFS operates as the premier founding financier in Saxony, providing equity investments for technology-oriented and knowledge-intensive startups throughout the region. Established initially in 2008 through collaboration between the Free State of Saxony (including European Regional Development Fund resources) and various Saxon financial institutions, the fund has evolved significantly over time. In 2023, TGFS launched its third fund generation, building upon its successful track record of supporting over 100 innovative startups across various technology sectors in the region.

The fund specializes in providing venture capital during critical seed and startup phases, with investment amounts typically ranging from €0.2 million to €5 million per company. This capital enables promising Saxon entrepreneurs to advance essential business milestones including product development completion, successful market entry initiatives, and manufacturing infrastructure establishment. TGFS demonstrates particular interest in ventures exhibiting substantial growth potential, proprietary technologies with distinctive competitive advantages, and realistic pathways to achieving industry leadership positions.

Beyond mere financial backing, TGFS delivers comprehensive management assistance to its portfolio companies, leveraging decades of collective experience in technology investment and business development. The fund's experienced team provides strategic guidance on critical business decisions, operational optimization, and market expansion strategies. This hands-on approach has proven instrumental in helping early-stage Saxon companies navigate the challenges of growth and establish sustainable business models in competitive technology markets.

Portfolio companies benefit significantly from TGFS's extensive network of industry connections and investment partners. This ecosystem facilitates access to international investors for subsequent financing rounds, creating pathways for continued growth beyond initial funding stages. The fund's selection process emphasizes team quality and cohesion, recognizing that exceptional leadership represents a fundamental success factor for early-stage ventures. Through its comprehensive investment approach combining financial resources, strategic guidance, and valuable connections, TGFS has established itself as a cornerstone of Saxony's thriving technology startup ecosystem.